who to back as the shorters of the world begin their movement out of good companies and I believe they will need to do so.
what we need to do as investors in Gold exploration and production companies is we need to back the companies that have real growing 43-101 resources and a plan to increase these resources.
We need to also determine which of the above have the necessary people to move their properties towards either production or increased production.
Additionally, we reduce our risk by backing companies that have the finances or the ability to raise the necessary finances to accomplish these goals.
In my mind MGP meets all of these requirements.
I have been a big supported of this company for some time and this support in my view is not without justification. It is also my sincere belief that accumalating shares in our sister company KBG is likely a smart move because it is just a matter of time before events propel this sister company to a going and growing concern.
all in my humble rose coloured glasses opinion of course.